Royal Bank of Scotland will pay a $4.9 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis

Aug.13 -- China’s broadest measure of new credit slowed, underlining concerns about the economy that have prompted authorities to start doing more to support growth. Haibin Zhu, chief China economist and head of China equity strategy at JPMorgan Chase, weighs in on "Bloomberg Daybreak: Asia" with Yvonne Man and Ramy Inocencio.

Aug.13 -- Claire Reade, senior counsel at Arnold & Porter and a former assistant U.S. Trade Representative, talks about the trade disputes between the world's two largest economies. She speaks with Ramy Inocencio and Haidi Stroud-Watts on "Bloomberg Markets: Asia."

A federal judge has thrown out a defamation lawsuit a Western art collector filed against a prestigious auction house and the owner of a Reno gallery who claimed an early 20th century cowboy painting he sold for $750,000 was a fake.